Payroll Taxes

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Description

Taxes levied on an employer based on the amount of wages and salaries being paid to employees during the period. The include the employer's share of Social Security and medical care taxes, unemployment taxes, and (though not called a "tax") workers' compensation premiums.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Payroll taxes

Learning Material

Covered in Topic(s)

 
Liabilities